Investment practices and outcomesof informal venture investors

Robert Wiltbank

Venture Capital, 2005, vol. 7, issue 4, 343-357

Abstract: This study explores a model of venture investing developed from the literature on formal venture capital research in the setting of angel investing in the USA. The model explores the role of venture stage, due diligence, deal flow, co-investing and post investment participation on the distribution of returns to angel investors. Doing so directly addresses an interesting question regarding the extent to which formal venture capital practices are appropriate and effective in the typical angel investment setting. In the process, results from the first relatively large-scale study of angel investor outcomes in the USA are reported and related to earlier findings for UK angel investors.

Date: 2005
References: View complete reference list from CitEc
Citations: View citations in EconPapers (32)

Downloads: (external link)
http://hdl.handle.net/10.1080/13691060500348876 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:veecee:v:7:y:2005:i:4:p:343-357

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TVEC20

DOI: 10.1080/13691060500348876

Access Statistics for this article

Venture Capital is currently edited by Colin Mason and Richard T. Harrison

More articles in Venture Capital from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().